*** In order to estimate the results on table 1 the following Stata data base has to be used:

use "C:\Users\christiano\paper consignado revisao Rstats\Database Rstats\database_table_1_Rstats.dta"

*** Regressions of table 1

*** first column
tobit  log_months_sep03 log_assets liquidity deposit_credit leverage dummy_foreign dummy_private_domestic dummy_universal dummy_conglomerate, ul(3.2188758)

*** second column
tobit  log_months_dec03 log_assets liquidity deposit_credit leverage dummy_foreign dummy_private_domestic dummy_universal dummy_conglomerate, ul(3.2188758)
